Feds Give 800 For-Profit Colleges Failing Grades

Feds Give 800 For-Profit Colleges Failing Grades All across America, hundreds of programs at for-profit colleges are at risk of losing federal funding unless their graduates begin earning higher wages. The Department of Education issued its first round of data measuring the success of 8,700 career program graduates and their ability to repay their student […]

What To Do If Your Student Loan Repayment Period Is Beginning

What To Do If Your Student Loan Repayment Period Is Beginning Many students graduate in May/June of each year and are given six months to begin repayment on their student loans. This is known as the “grace period.” When it ends, thousands of students are left scrambling trying to figure out what to do. If […]

Navient Is Being Sued For Failing Borrowers At Every Stage of Repayment

Navient Is Being Sued For Failing Borrowers At Every Stage of Repayment Navient is the largest student loan servicer, formerly known as Sallie Mae, and they are now facing a lawsuit that alleges the company misleads borrowers to the tune of $4 billion. Customers of Navient were allegedly hit with unnecessary interest payments, denied options […]

Student Loans Dents Dreams of Startups

Student Loans Dents Dreams of Startups Cathrine Berendsohn, 29, has struggled to get her web design business off the ground after she graduated from Florida State University with $40,000 in student loans. Berendsohn had dreams of opening a storefront in Monterey, California where she could start a roving studio of her own. However, her student […]

ITT Tech Accreditation Company (ACICS) Gets Shut Down by Federal Government

In a surprisingly turn of events following defunct ITT’s closure, the accrediting agency that gave the school its stamp of approval has now lost its own recognition from the government. The Accrediting Council for Independent Colleges and Schools (ACICS) accredits roughly 245 colleges, enrolling 600,000 students. Many of these schools are for-profit colleges, as was […]

Westwood College Closing Down

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